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Category: Hispanic Market

The 2016 State of Hispanic Homeownership Report by NAHREP (the National Association of Hispanic Real Estate Professionals) highlights the barriers to Hispanic homeownership. Here is a summary of those barriers followed by an excerpt from the report:

Recently, HLC Media Group announced the release of a survey of nearly 400 Latinas. The subjects were surveyed about several different things, including how they see themselves, their preferred language for communication, and content consumption.

Last month, the National Association of Hispanic Real Estate Professionals (NAHREP) released their annual State of Hispanic Homeownership Report for 2016. This is a 24-page report that focuses “on the household formation rates and the consequent homeownership growth of Hispanics as well as their related educational achievements, entrepreneurial undertakings, labor force profile, and consumer purchasing power in the country.”

The report is full of great information, so you should download it and read all 24 pages. In this blog post, I will mention a few facts that, in my opinion, are relevant to all of us:

“One in four U.S. adults say they are considering buying a home this year,” according to Realtor Magazine. Talking about minorities in the same article, Holden Lewis, a mortgage analyst at Bankrate.com, said, “Now that the economy has improved and time has passed, maybe they‘re ready to jump back in and own a home again.”